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R 4 900 000

Commercial Property for Sale in Wellington North

5 Malherbe Street, Wellington North, Wellington

412 m²

Contact Broker

Xillin Meadon

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Investment at the heart of Wellington CBD

Prime Mixed-Use Investment Property in the Heart of Wellington CBD

This fully tenanted mixed-use property offers a rare investment opportunity at the center of Wellington's bustling CBD. The property consists of four renovated residential units and four business premises, making it an ideal combination of commercial and residential income streams.

- Total GLA (Gross Lettable Area): 415 m2

- Erf Size: 489 m2

- Monthly Gross Income: R44,100

- Income Growth: Annual escalations scheduled for next year

Property Features:

- Prime Location: Positioned in a high-visibility area with excellent exposure to passing traffic.

- Parking Availability: Ample parking for both tenants and customers.

- High Foot Traffic: The property benefits from strong foot traffic, contributing to the success of the business tenants.

- Recent Renovations: Residential units have...

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Property Overview

Listing Number

115074925

Type of Property

Commercial Property

Street Address

5 Malherbe Street, Wellington North

Listing Date

15 October 2024

Erf Size

489 m²

Floor Size

412 m²

Points of Interest

Bond Calculator

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